GBPUSD: Continues To Maintain Above The 1.6234/39 Levels

The pair was seen strengthening in early trading today reversing its Friday losses and trading to as high as 1.6377 as at the time of this analysis. As referenced in our previous analyses, while GBP trades and holds above its strong support at the 1.6234/39 levels, its Dec 31’09/Jan 04’10...